One idea · follow the reasoning · then practise1 / 9 Now reading1. How do externalities make the market choose a different quantity from society?2. Variables and model conditions3. Separate private and external margins4. Build MSC or MSB5. Choose tax, rights, or standards6. Example: 10.3 Externalities and corrective policy7. Example: 10.3 Externalities and corrective policy8. The exam trap9. Your topic summary 01How do externalities make the market choose a different quantity from society? A factory pays production costs but not neighbors’ smoke damage. ← Back1/9Continue →
